Average

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Finds the average value of the series.

 

Syntax

 

Average( series, bars, [offset] )

 

Parameters

series

 

the name of the series

bars

 

the number of bars over which to find the value

offset

 

the number of bars to offset before finding the value

 

 

 

returns

 

the average

 

Example

VARIABLES: highestClose, highestHigh, lowestLow, averageClose, standDev TYPE: Price

 

' Find the highest close of the last 50 bars

highestClose = Highest( instrument.close, 50 )

 

' Find the lowest low of the last 100 bars

lowestLow = Lowest( instrument.low, 100 )

 

' Find the highest high since the entry of the first unit of the current position

IF instrument.position <> OUT THEN

       highestHigh = Highest( instrument.high, instrument.unitBarsSinceEntry )

ENDIF

 

' Find the 10 day average of the close starting 20 days ago

averageClose = Average( instrument.close, 10, 20 )

 

' Find the standard deviation of the close over the last 100 days

standDev = StandardDeviation( instrument.close, 100 )

 

 

This example shows the use of the common auto indexed series. For information on using functions with non auto indexed series review Series Functions.